Finance

Loan Agreement

Loan of money with disbursement, repayment, and a default notice.

The legal text of this template is still in English. It needs a human translation by someone qualified in that language and jurisdiction. BuiltSIGN does not machine-translate template bodies.

Preview

Disclaimer

BuiltSIGN templates are provided for convenience, are not legal advice, and should be reviewed by a licensed attorney in the relevant state.

Loan

The lender will lend {{amount}}. The borrower will repay it with interest at {{rate}} percent per year on this schedule: {{schedule}}.

Default

If the borrower misses a payment, the lender will give written notice. The borrower has 10 days after notice to cure. If the borrower does not cure, the lender may require the unpaid balance. The lender does not take a lien unless a separate security agreement is signed.

Governing law and venue

This agreement is governed by the laws of {{governingLawState}}, without applying conflict-of-law rules that would select another state's law. Venue lies in the state or federal courts located in that state unless a statute that applies to this agreement requires a different foru…

Questions

What is the Loan Agreement template?

Loan of money with disbursement, repayment, and a default notice. It is a Finance template in the BuiltSIGN gallery.

Who signs this template?

The template includes fields for Lender, Borrower.

Is this legal advice?

BuiltSIGN templates are provided for convenience, are not legal advice, and should be reviewed by a licensed attorney in the relevant state.

Is the template text translated?

No. The legal text stays in English until a person qualified in that language and jurisdiction translates it. BuiltSIGN does not machine-translate template bodies.

BuiltSIGN templates are provided for convenience, are not legal advice, and should be reviewed by a licensed attorney in the relevant state.